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20121201
20121231
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is quoted at 87.75 to 76. earlier in new york the kou oh touched a high against the yen. dealers are closely monitoring how the negotiations on the u.s. fiscal cliff will progress. they resume later in the day. the euro is trading at 113.43 to 48 against the yen. the european currency has risen to a 17-month high. in other markets in the asia pacific region, south korea is trading a touch lower at 1,980. in australia the benchmark index is trading just a touch higher up 1/5 of a percent at 4,643. the new finance minister says the issuance of more government bonds may be needed to secure funds for the fiscal 2012 supplementary budget. his comment follows the prime minister's inauguration. >> the former government failed to pull japan out of deflation. it's important for the public to feel japan's economy has improved. >> aso said he doesn't have to abide by the ceiling of $515 billion for bond issuance set by the former government. on the issue of a consumption tax hike scheduled for april 2014, aso said in the past there was a shortfall in government revenue despite tax increases. he says he
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